RadioShack Settlement Deemed Fair

The suit accused RadioShack of using Putnam mutual
funds in its 401(k) plan, even though they were overpriced and
underperforming. U.S. District Judge Terry R. Means of the U.S. District Court for the
Northern District of Texas ruled that the settlement pact was fair and
ordered it carried out.

In his approval order, Means awarded class Representatives
Jeffrey Cormier and Robert Outlaw $10,000 each, and named plaintiffs,
Alan Goldstein, Keith Reiders, and Robert Maxwell, $2,500 each. Means
also awarded attorneys representing the class $800,000 in fees and
$94,131 in costs and expenses.